MUNI faces $1.6billion deficit over 20 years unless...
MUNI can cut $30MM a year in expenses and raise $50MM a year in revenue. Would you support a revenue measure in November if MUNI could reign in some of its expenses?
Here are some of the options reported by the Chronicle:
-- A vehicle mitigation impact fee of $50 to $150 per car, which would raise $24 million to $72 million a year.
-- A fee, based on the idea that transit is similar to a utility, of $60 to $180 per single-family home and other amounts on all residences and businesses, which would raise $26 million to $74 million.
-- A parcel tax dedicated to transportation of $100 to $200 per property, which would raise $20 million to $39 million a year.
-- Off-street commercial parking fees of $100 to $300 per stall of free parking, which would raise $6 million to $17 million.
-- A city transportation sales tax, which would raise $17 million for each one-eighth of a cent.